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7 ways community banks can boost profitability

Independent Banker

A profitability strategy has a lot to factor in given today’s uncertain market. Here’s what community bankers need to know when planning their budgets for the next year. of digital banking customers said they switched to digital banking because of the pandemic. Source: 2021 Provident Bank survey.

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BauerFinancial Recognizes Popular Bank

PopularBank

Receiving a superior rating by BauerFinancial is a testament to Popular Bank’s financial strength and commitment to our customers and the communities we serve. It is particularly meaningful given the unprecedented environment that both Popular Bank and the financial industry have had to navigate.

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Popular Bank Named Among First Investors of NWK FAM Fund

PopularBank

The new investment vehicle aims to economically empower Black and Latinx business owners throughout the City of Newark. NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey. Popular Bank will serve as an initial corporate partner alongside organizations including AT&T, Panasonic and New Jersey Community Capital. “We

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Affinity Federal Credit Union On The Importance Of Accelerating Digital Transformations

PYMNTS

The pandemic has fast-tracked that digitization, however, as concerns and restrictions have led members to reduce their branch visits and turn to contactless features to carry out their banking activities online. Embarking On A Digital Transformation. Prioritizing Upgrades.

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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

Popular is committed to meeting the needs of our customers and communities, guided by our 127-year legacy. This realignment in our New York Metro market is consistent with our small business and retail services model in South Florida,” said Popular, Inc. President and CEO Ignacio Alvarez. “We

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OnDeck’s ODX Digitizes Investors Bank SMB Lending Platform

PYMNTS

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101
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Popular Bank East Harlem Branch Receives BDD Designation

PopularBank

BDD Designation to Provide Branch $10 Million in Subsidized Deposits to Promote Community Reinvestment within East Harlem. New York, NY – March 24, 2021 – Popular Bank , a subsidiary of Popular, Inc. Popular Bank’s East 116 th Street branch will serve as a BDD branch in the designated Community District 11 (CD 11).